Chinese bitcoin mining rig makers aim to raise billions in HK IPOs: sources - Reuters

The logistics unit of Chinese e-commerce company JD.com Inc has held early discussions with banks about a potential overseas IPO that could raise $8 billion to $10 billion, two people with direct knowledge of the matter told Reuters......»»

Daimler is seeking to buy a majority stake in its Chinese operations, three people familiar with the matter told Reuters, after initial efforts to raise its stake failed and as Chinese investors tighten their grip on the German carmaker......»»

Despite the recent resurgence in Bitcoin prices, neither graphics card makers or ASIC suppliers in Taiwan have seen a rebound of orders from the cryptocurrency mining sector, according to industry sources......»»

Nio, the Chinese electric-vehicle startup whose American headquarters is in San Jose, has reportedly filed confidential plans to go public in the U.S. Bloomberg and Business Day both cited unnamed sources in stories who said the Tesla competitor coul.....»»

HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the biggest tech floats globally of recent years......»»

YouTube Cryptocurrency mining chip maker Bitmain hopes to raise $18 billion for an IPO in the coming months, according to documents obtained by CoinDesk. If the company raised $.....»»

The world's top makers of bitcoin mining technology hope to raise money from investors by selling shares in Hong Kong......»»

On Friday, the Bitcoin (CRYPTO: BTC) network underwent its fourth halving since 2012, a pivotal event that halved the mining reward — the amount of Bitcoin awarded read more.....»»

Although crypto markets seemed to recover from the recent fall, some believe that regulatory uncertainties surrounding Bitcoin mining and trading firms in China could lead to even more sell pressure going forward. read more.....»»

CCL suppliers are expected to raise their prices again to reflect rising raw materials costs, and most PCB makers are psychologically prepared for further CCL price hikes, according to industry sources......»»

Taiwan's handset components supply chain is likely to feel the pinch of inventory corrections by Chinese handset vendors starting third-quarter 2021 at the earliest amid their sales shrinkages in China and India markets, according to industry sources......»»

Notebook battery module makers are poised to raise their quotes by 10-15% to reflect rising raw materials costs, according to industry sources......»»

U.S.-listed Chinese EV manufacturers could make a beeline to the Hong Kong stock exchange, following in the footsteps of the likes of Alibaba Group Holding Limited (NYSE: BABA) and JD.com, I read more.....»»

Taiwan-based leadframe makers are about to raise their prices to reflect rising copper material costs, according to industry sources......»»

Rising copper foil prices will likely prompt Taiwan-based CCL makers to further raise their quotes later in the first half of this year, according to industry sources......»»

As of February 2021, miners gain 6.25 bitcoin for every new block mined - equal to about $330,475 based on current value. Bitcoin miners earned a combined $1.1 billion in January. REUTERS/Colm Fulton Bitcoin mining is the pro.....»»

Chinese bitcoin mining machine maker Canaan Creative sky.....»»

SoftBank Group Corp (OTC: SFTBY) is planning to launch two more SPACs. What Happened: The two SPACs aim to raise a total of $550 million in their IPOs, Reuters reported, citing regulatory filings. read more.....»»

Taiwan-based CCL makers including Elite Material, Iteq, Taiwan Union Technology and Ventec International are set to raise their quotes soon to reflect rising costs for copper foil and other materials, according to industry sources......»»

The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion. Kuaishou competes with ByteDance's TikTok Reuters/Florence Lo/Illu.....»»